Bill Clinton helped create a large free market among Canada, the United States, and Mexico with ratification of the ________ tre

Question

Alja [10]

3 years ago

7

Bill Clinton helped create a large free market among Canada, the United States, and Mexico with ratification of the ________ tre

aty.
NAFTA
NATO
Organization of American States
Alliance for Progress

History

1 answer:

Artyom0805 [142] · Answer 1 · 2022-05-24T06:24:45+03:00

Answer:

NAFTA

Explanation:

The NAFTA, the short for the North American Free Trade Agreement, was signed by the former President Bill Clinton as he supported neoliberal reforms between the member states of Canada, US and Mexico.

He is famous for a speech where he expresses the alleged gains that were promised on December 1993.

According to him, "NAFTA means jobs. American jobs, and good-paying American jobs. Interesting would be to notice whether the results were indeed generalized to the workers and the economy of the neighbouring countries. Undoubtly the Treaty has boosted economical activity, however from a sociological or crticial view, even at that time Congress strongly debated the consequences in the future.

In Mexico this caused the increased dependency and assymetric relationship between North and South that today continues to be a challenge in the world. Causing the gap between economies to broaden.